Home / Listings / Stamford
Active · For Sale
$985,000

34 Raymond Street, Stamford, Connecticut 06902

5 beds 2 baths 3,044 sq ft Multi-Family For Sale Built 1958

About this home

INVESTMENT OPPORTUNITY WITH IMMEDIATE CASH FLOW! Legal non-conforming two-family property offering an excellent opportunity for investors seeking strong, established rental income. Currently generating $5,600 per month, providing immediate cash flow from day one. The property features two separate residential units, plus a partially finished walk-out basement, offering additional functional space. Some general maintenance and updating may be desired, providing an opportunity for the next owner to make improvements over time while benefiting from the property's existing income. Convenient Stamford location with easy access to shopping, transportation, major roadways and area amenities. Property is being sold "AS IS". A solid opportunity to add an income-producing property to your investment portfolio. Minimum 24-hour notice required for all showings.

Status
Active
Type
Multi-Family For Sale
Price
$985,000
Beds
5
Baths
2
Interior
3,044 sq ft
Lot
0.09 ac
Year Built
1958
MLS #
24183476
ZIP
06902
Days on Market
80
Heat
Gas In Street · Hot Water
Water
Public Water Connected
Sewer
Public Sewer Connected
Parking
Off Street Parking

Flood risk: check the FEMA flood map for this address.

Taxes

Property tax
$10,074 (July 2025-June 2026)
Assessed value
$421,160

Interior

Basement
Partial
Fireplaces
1
Total rooms
9

Building & Exterior

Style
Units on different Floors
Roof
Asphalt Shingle
Siding
Vinyl Siding
Foundation
Concrete
New construction
No/Resale

Lot & Land

Zoning
R5
Lot
On Cul-De-Sac

What it would cost per month

An estimate you can adjust — not a quote, and not an offer of credit. Principal and interest only, plus the taxes and HOA already on this listing. Insurance, PMI and closing costs are not included. Rate seeded at 6.5% (August 2026); change it to whatever your lender quotes.

/mo
principal & interest

What's nearby

Grocery
ShopRite0.24 mi away · 5 min walk
Also nearby
Target1.16 mi away
Pharmacy
CVS Pharmacy2.21 mi away
Train
Stamford Station1.17 mi away~50 min express to Grand Central
Bus stop
Broad St @ Greyrock Pl0.91 mi away
School zone
Check the district's school finder the MLS did not name one for this address
~1.3 miShopRite — 0.24 miTarget — 1.16 miCVS Pharmacy — 2.21 miStamford — 1.17 miBroad St @ Greyrock Pl — 0.91 mi
This homeGroceryPharmacyTrainBus

Real streets from OpenStreetMap; distances are straight-line from the property, not driving routes.

Distances are straight-line from the property, not driving or walking routes. Places data © OpenStreetMap contributors.

Recent comparable sales

The 5 closest recent sales to this home, nearest match first — same building where possible, then the surrounding streets, widening only when there is nothing closer. These are recorded sale prices from the MLS, not estimates. No automated valuation is shown, because what a home is worth depends on condition, layout and timing that a formula cannot see — call John at 203·883·3399 to read them properly against this home.

5 comparable sales — median $976,000, ranging $865,000 to $1,075,000.

Public record

From the Stamford assessor's public property record. These figures describe the property as the town has it on file and can differ from the listing — a finished basement or an addition may not be reflected in the assessor's living area.

Year built1958
Living area3,044 sq ft
Total rooms16
Lot size0.092 acres
Stories1.75
HeatHot Wtr Bbd
ExteriorAluminum/Vinyl
Assessed value$421,160
Town appraisal$601,640
Last recorded sale2023 — $625,000

Recorded sales

Deed transfers on file with the Stamford land records, newest first. These are recordings rather than MLS sales, so they include transfers that were never listed. Nominal and $0 transfers (estate, trust and family conveyances) are excluded.

Listing courtesy of William Pitt Sotheby's Int'l — Wende Foreman · (203) 968-1500

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